1582 Bering Boulevard
About This Property
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What does this mean?
Based on our analysis, the cap rate of this property is 1.25%. A negative cap rate indicates that the property might not be feasible as an income-producing asset. The median cap rate for a near zip code 11238 is 4.23%.
How much can I actually make?
Actual monthly rental income may vary between $4,760 and $7,140 depending on unit-specific characteristics. You can change the amount using the slider to further explore.
How is cap rate calculated?
Cap Rate = Net Operating Income (NOI) / Property Asset Value.
When calculating the cap rate, we assume 100% occupancy. Leverage (mortgage) is not considered.
Cap Rate provided by RealtyHop and RentHop, learn more about cap rate here.
Price History
| Date / Event | Date | Event | Price |
|---|---|---|---|
| Oct 6, 2021 | No longer available | - | |
| No longer available | |||
| Apr 23, 2020 | Sold | ||
| Sold | |||
| Mar 30, 2020 | In contract | - | |
| In contract | |||
| Mar 9, 2020 | Listed | $32,900 | |
| Listed | |||
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Great project!! This is a burned down house that still has water meter, septic tank and power to the property. You can finish demo on the house and start a new one or rebuild the house the way it is. You will already be ahead since the water meter and septic is still there and school tax was paid for the old house. This is a great deal at $32,900. The manager has listed the unit size as 1503 square feet.
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| Feb 22, 2020 | Listed by Salton City Realty | $32,900 | |
| Listed by Salton City Realty | |||
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Great project!! This is a burned down house that still has water meter, septic tank and power to the property. You can finish demo on the house and start a new one or rebuild the house the way it is. You will already be ahead since the water meter and septic is still there and school tax was paid for the old house. This is a great deal at $32,900.
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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017